Winchendon Four-Unit Income
10-12 School Sq. Winchendon, MA 01368
For Sale
$659,000
Four-unit property in Winchendon with strong rental income.
Property Size3,818 SF
Price / SF$172.60
Days on Market107
Property Features for 10-12 School Sq.
General Information
- Standard status
- Active
- Size
- 3,818 SF
- Property subtype
- 4 Family
Building Details
- Year Built
- 1860
Listing Agency:
www.HomeZu.com
(877) 249-5478
Listed By:
Jason Saphire · License #9086666
(877) 249-5478
Source:
Lockandkeyre
Added: Apr 11
Changed: Jul 10
Last Checked: Jul 25 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of www.HomeZu.com
Investment Insights
Based on property information with market context.
This large four-unit house is located in the center of town and is currently fully rented. The total monthly income is $6590. Each tenant is responsible for their own utilities. Each unit features good-sized rooms. The property will be delivered with all current tenants, as the seller wishes to maintain the rental income. Showings are available on weekends only. The roof is four years old. This property offers a strong cash flow.
Key Highlights
- High monthly rental income of $6590.
- Fully rented 4‑unit property.
- Tenants pay their own utilities.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $19.80 |
| − Vacancy | −$1.9k | −$0.49 |
| EGI | $73.7k | $19.31 |
| − OpEx | −$22.1k | −$5.79 |
| NOI | $51.6k | $13.52 |
3,818 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$737.3K
$645.1K – $860.2K
NOI $51,610 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$641.6K
$561.4K – $748.6K
NOI $44,915 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,265 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit property in Winchendon with strong rental income.
Where is this quadplex located?
The property is located at 10-12 School Sq. Winchendon, MA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: High monthly rental income of $6590.; Fully rented 4‑unit property.; Tenants pay their own utilities.
